Merger and acquisition activity expected to remain robust
May 27, 2020 By Ellen Kriz
While COVID-19 has introduced logistical challenges and economic uncertainty, industry players expect strong merger and acquisition activity to persist.
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While COVID-19 has introduced logistical challenges and economic uncertainty, industry players expect strong merger and acquisition activity to persist.
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Blossman Gas acquired A & A Gas, which has served customers in the Carrollton, Georgia, area for nearly four decades.
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Sail Energy, based in Portsmouth, New Hampshire, acquired full-service energy business Hometowne Energy, headquartered in Brockport, New York.
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ThompsonGas, headquartered in Frederick, Maryland, acquired propane retailer Energized Gas, based in Port St. Lucie, Florida, in March.
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The Southeastern Showcase section features companies attending the Southeastern Convention & International Propane Expo, including Paraco Gas.
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Phoenix Park Gas Processors, through its U.S. subsidiary Phoenix Park Energy Marketing, acquired the NGL marketing assets of Twin Eagle Liquids Marketing.
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Makeen Energy’s daughter company, Kosan Crisplant, signed an agreement to acquire Gas Equipment Co. (GEC) with the intent to strengthen the global network of the group’s trading division.
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Offen Petroleum, a Colorado-based fuel distributor, will buy Nebraska-based Bosselman Energy, a fuel distributor, and Bosselman Carriers, a trucking firm.
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North American truck transporter Team Drive-Away acquired the drive-away businesses of IXT Logistics and Transportation Booking Services.
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The Southeastern Showcase section features companies exhibiting at the Southeastern Convention & International Propane Expo, including Cetane Associates LLC.
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